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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Aurora, MO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Aurora, MO Housing Market Trends

With 7,412 people, 2,999 houses or apartments, and a median cost of homes of $143,674, house prices in Aurora are some of the most affordable in Missouri as well as the nation.

Single-family detached homes are the single most common housing type in Aurora, accounting for 77.75% of the city's housing units. Other types of housing that are prevalent in Aurora include duplexes, homes converted to apartments or other small apartment buildings ( 13.33%), mobile homes or trailers ( 4.44%), and a few large apartment complexes or high rise apartments ( 3.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Aurora. Owner-occupied housing accounts for 66.29% of Aurora's homes, and 58.87% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Aurora built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Aurora built between 1940-1969 ( 31.75%). A lesser amount of the housing stock also hails from before 1939 ( 14.31%). There's also some housing in Aurora built between 2000 and later ( 5.42%).

Aurora Home Appreciation Rates

Real estate appreciation rates in Aurora's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.01% during the period.

Appreciation rates are so strong in Aurora that despite a nationwide downturn in the housing market, Aurora real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Aurora appreciation rates continue to be some of the highest in America, at 6.67%, which is higher than appreciation rates in 72.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Aurora. Aurora appreciation rates in the latest quarter were at 0.31%, which equates to an annual appreciation rate of 1.23%.

Relative to Missouri, our data show that Aurora's latest annual appreciation rate is higher than 90% of the other cities and towns in Missouri.

Average Home Values

Median Home Value

$143,674

Aurora, MO Home Prices
> $1,389,000
$1,042,001 - $1,389,000
$695,001 - $1,042,000
$556,001 - $695,000
$417,001 - $556,000
$278,001 - $417,000
$139,001 - $278,000
$69,001 - $139,000
$0 - $69,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.2%
1.2%
0.0%
0.0%
4.6%
4.6%
46.9%
46.9%
36.7%
36.7%
10.7%
10.7%
0% 100.0%
% of Homes
Very Low

for Missouri

Very Low

for nation

Number of Homes And Apartments:

2,999

Aurora Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,158 / per month

Homeownership Rate

Owners
Renters
66.3%
66.3%
33.7%
33.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.7%
8.7%
91.3%
91.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.4%
5.4%
48.5%
48.5%
31.8%
31.8%
14.3%
14.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
77.7%
77.7%
0.3%
0.3%
13.3%
13.3%
3.8%
3.8%
4.4%
4.4%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
8.5%
8.5%
28.9%
28.9%
50.5%
50.5%
8.4%
8.4%
1.4%
1.4%
0% 100.0%
% of Homes

Popular Neighborhoods in Aurora

Zip Codes in Aurora, MO